Tabreed, the UAE district cooling firm, has secured a major contract in Egypt, a market that it sees as central to its overseas expansion ambitions. The company will provide services to ‘CapitalMed’, a healthcare focussed ‘city’ being built by Egyptians for Healthcare Services in Badr City.
In the recent past, Aldar and ADQ have expanded their footprint in Egypt’s real estate space, through a majority stake in the upscale developer Sodic.
Tabreed will fund, construct and operate a ‘bespoke’ district energy plant to meet the cooling and heating requirements at the new project. A substantial 19,500 RT (refrigerated tonnes) of district cooling will be needed for Phase 1 (and between 28,000-30,000 RT for the entire project).
The design of the district cooling plant will be done in tandem with Shaker Consultancy.
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